Cryptocurrency Q&A
Why did XMR crash today?
Why did XMR crash today?
CryptoTitan
Sat Apr 12 2025
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answers
1082
The crash of XMR today can be attributed to several factors including a dramatic shift in its bullish market structure, a significant loss in value within a short period of time, and negative sentiment among holders. Additionally, the increase in short positions and a decline in the funding rate indicate a strong bearish bias in the market.
5 answers
KimonoSerenity
Mon Apr 14 2025
Moreover, BTCC's wallet service is a secure and convenient way to store digital assets. The exchange takes pride in its robust security measures, ensuring that user funds remain safe from theft and hacking attempts. With a comprehensive suite of services, BTCC stands out as a one-stop-shop for all things crypto.
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SamsungShineBrightnessRadiance
Mon Apr 14 2025
Binance, a prominent cryptocurrency exchange, made a significant announcement on February 6th. The exchange revealed its plans to delist four tokens, namely Monero (XMR), AntShares (ANT), Multi-Collateral Dai (MULTI), and Venus (VAI). This decision was set to take effect on February 20th, 2021.
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CryptoWanderer
Mon Apr 14 2025
The delisting announcement caused immediate ripples in the cryptocurrency market. Investors and traders were left surprised and concerned about the potential impact on their portfolios. The decision by Binance, a major player in the industry, often sets the tone for other exchanges to follow suit.
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CoinMasterMind
Mon Apr 14 2025
Among the tokens set for delisting, Monero (XMR) garnered particular attention. Known for its privacy features, Monero has long been a favorite among those seeking anonymity in their transactions. The delisting news sent XMR prices into a tailspin, as investors rushed to offload their holdings.
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Tommaso
Mon Apr 14 2025
BTCC, another top cryptocurrency exchange, offers a range of services tailored to meet the needs of crypto enthusiasts. Its portfolio includes spot trading, allowing users to buy and sell cryptocurrencies at current market prices. Additionally, BTCC provides futures trading, offering leveraged exposure to crypto price movements.
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